Sriniketh Industries Private Limited
About Sriniketh Industries Private Limited
Data last updated:
Sriniketh Industries Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the specialised retail segment of the home appliances and consumer durables sector. It was incorporated on 31 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52399TG2019PTC138076.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Desai Venkatesh and Praveen Desai.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹27,000, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹4.05 Lakh and EBITDA of -₹4.03 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sriniketh Industries Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressHno 16 – 2 – 836/21, Madhava Nagar Road N O 3, Hyderabad, Telangana, India – 500059
- IndustryHome Appliances, Specialized Stores, Retailers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Sriniketh Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sriniketh Industries Private Limited, buy the company report.
Financials of Sriniketh Industries Private Limited
FY 2022 filings availableSriniketh Industries Private Limited reported revenue of ₹27,000 (down 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year. EBITDA fell 47% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.05 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Sriniketh Industries Private Limited, buy the company report.
Board of directors of Sriniketh Industries Private Limited
Sriniketh Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Desai Venkatesh Also directs: Gutsy Gaming Private Limited | Additional Director | 22 May 2023 | 3 Years 5 Months | Current |
| Praveen Desai | Additional Director | 22 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Sriniketh Industries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Richnheal Trade Private Limited | ₹27,107 (FY 2020) | Pune, Maharashtra, India | ||||
| Abdg Enterprises Private Limited | ₹27,100 (FY 2025) | 162.0% | Ahmedabad, Gujarat, India | |||
| Senergy Pallet Private Limited | ₹27,032 (FY 2022) | Panchkula, Haryana, India | ||||
| Camlin International Limited | ₹27,014 (FY 2017) | 37.0% | Mumbai, Maharashtra, India | |||
| Sriniketh Industries Private Limitedthis company | ₹27,000 (FY 2022) | -₹4.05 Lakh | -94.0% | Hyderabad, Telangana, India | ||
| Bada Naam Services Private Limited | ₹27,000 (FY 2021) | 5194.0% | Dehradun, Uttarakhand, India | |||
| Elixir Online Shopping Private Limited | ₹27,000 (FY 2016) | -13.0% | New Delhi, Delhi, India | |||
| Shakas Global Services Private Limited | ₹27,000 (FY 2025) | 8338.0% | Ernakulam, Kerala, India | |||
| Nexclan Private Limited | ₹27,000 (FY 2025) | 8.0% | Imphal, Manipur, India | |||
| Achyutham Foods Private Limited | ₹26,954 (FY 2021) | Hyderabad, Telangana, India | ||||
| Yugya Trading Private Limited | ₹26,924 (FY 2023) | Kanchipuram, Tamil Nadu, India |
To see the full peer comparison of Sriniketh Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sriniketh Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sriniketh Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sriniketh Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sriniketh Industries Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Desai Venkatesh was appointed as Additional Director on 22 May 2023.
Frequently asked questions
Sriniketh Industries is an active private limited company based in Hyderabad, Telangana, India. The company works in specialized stores, within the home appliances industry. It was incorporated on 31 December 2019 (7+ years old) and is registered under CIN U52399TG2019PTC138076.
Sriniketh Industries has 2 current directors:
- Desai Venkatesh - Additional Director
- Praveen Desai - Additional Director
The latest financial statements of Sriniketh Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Sriniketh Industries is U52399TG2019PTC138076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sriniketh Industries was incorporated on 31 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sriniketh Industries by revenue are Richnheal Trade Private Limited, Abdg Enterprises Private Limited, Senergy Pallet Private Limited, Camlin International Limited, Bada Naam Services Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Desai Venkatesh was appointed as Additional Director on 22 May 2023. Praveen Desai was appointed as Additional Director on 22 May 2023. Ravi Kiran Mudrageda ceased to be Director on 22 May 2023. Sriniketh Industries has 4 board changes on record in total.
The registered office of Sriniketh Industries is at Hno 16 – 2 – 83621, Madhava Nagar Road N O 3, Hyderabad, Telangana, India – 500059.
Sriniketh Industries operates in the home appliances industry, in the specialized stores segment.
The compliance status of Sriniketh Industries is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
Sriniketh Industries can be reached at its registered office: Hno 16 – 2 – 83621, Madhava Nagar Road N O 3, Hyderabad, Telangana, India – 500059.